Key Developments Propel World Network to 20M Participants in 2024
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World, formerly recognized as Worldcoin, disclosed the project achieved progress in 2024, marking a transformative chapter for the initiative. The network grew to encompass over 20 million participants, including 10 million verified human users expanding its global footprint. World Advances Blockchain Technology Amid Rapid Network Growth In a 2024 summary, the World.org blog reported that […]

Ripple’s RLUSD Powers California Wildfire Relief With Crypto Donation
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Ripple and Moonpay have made a joint donation of $50,000 worth of RLUSD, Ripple’s new stablecoin tied to the U.S. dollar, to the Los Angeles Fire Department Foundation (LAFDFoundation). This contribution aims to support first responders battling the devastating California wildfires. Ripple highlighted their commitment to evaluating additional ways to assist these critical emergency efforts. […]

DOJ Indicts 3 Russians for Operating Crypto Mixers Linked to Cybercrime
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Russian nationals face charges for allegedly using cryptocurrency mixers to launder proceeds from ransomware, wire fraud, and theft, obscuring illicit funds’ origins, the DOJ says. Russian Nationals Face DOJ Charges for Laundering Cryptocurrency Theft Proceeds The U.S. Department of Justice (DOJ) announced on Jan. 10 the indictment of three Russian nationals for operating cryptocurrency mixers […]

Santander: El Salvador’s Bitcoin Adoption Fuels Tourism Boom
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El Salvador’s tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan. 10 […]

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits
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Bitcoin’s network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network’s hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on the seven-day simple moving average (SMA). This reduction, equivalent […]

Hal Finney’s Wife Celebrates Iconic ‘Running Bitcoin’ Post 16-Year Anniversary With Fourth ALS Run
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Just seven days after Satoshi launched the Bitcoin network on January 3, 2009, Hal Finney, the first person to ever receive a bitcoin payment, announced to the world that he too had fired up a Bitcoin node. “Running bitcoin,” Finney tweeted on January 10, 2009, and those two words have become iconic in the Bitcoin […]

Russia Begins Liquidating Seized Bitcoins From Bribery-Convicted Official
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The Russian government has started selling part of the 1,032 bitcoins seized from former investigator Marat Tambiev, convicted of taking bribes. Russian Authorities Seize Real Estate Belonging to Bribery-Convicted Official The Russian government has reportedly begun selling a portion of over 1,032 bitcoins (BTC) seized from a former investigator, Marat Tambiev, who was convicted of […]